Frequently Asked Questions

Q: The client is saying there is an issue in the GST R report but I am not able to reproduce it on my end. What should I advise the client to do so I can troubleshoot the problem?

If you face issue in Gstr 1,you can check Sale Register Report and Verify all data has been entered correctly. For check sale Register please follow these steps: 1. Go in Display then go in Gst Report 2. Then Go in Gst Register then go in sale Register 3. Check sale Register Bill wise, Item wise and Hsn wise and verify data

Q: I'm trying to generate an HSN code wise report but it's not showing the right values. What do I need to do to get the proper HSN code and amounts?

to get the proper HSN code wise and amounts wise report follow these steps 1.go to the GST reports under display 2. open GST other reports and select HSN wise summary report 3. select inward or outward option 4. mentioned start and end date, also there is other details you can select as per required. 5 .open report there you got the proper HSN wise and amount wise report.

Q: I want to add GST details in sales vouchers. However, the CGST and SGST tax ledgers are not automatically created. What is the correct way to setup GST in sales?

To stop ITC balance from carrying forward to the next month despite settling to zero in the previous month, you need to ensure that you are properly tagging your ITC to the relevant sections like GSTR-1, GSTR-2, etc. in BUSY. Additionally, you should reconcile your ITC records from the previous financial year and make any necessary adjustments before carrying forward the balances to the next year.

Q: I am unable to see the local taxes section in my Composition invoice. How can I add provisions for local taxes like % in my sales invoices?

if you want see the local taxes section in Composition invoice and add provisions for local taxes like 1% in sales invoices then follow these steps 1. you need to set GST type as under composition scheme in GST configurtion 2. also set default tax rate as 1% for applying tax in invoice there is no need to set local tax seperately in sales invoice

Q: I am unable to customize the columns in the GST return data exported from BUSY. How can I add or remove columns like party name?

To customize columns in BUSY's GST return data, follow these steps: Step 1:Click on Custom Column option. Step 2:Add a new column by providing a name, position, and type. Step 3:Specify the category from which it will pick the details for the new column. Step 4:If you want to remove columns, uncheck the ones you don't need. Save the changes.

Q: My accountant has tagged certain charges like hallmarking fees separately. How can I ensure these are recorded properly in GST B and balance sheet?

Are recorded properly in GST 3B returns and on your balance sheet, follow these steps: Step 1: Keep detailed records and invoices for these charges Step 2: If GST is applicable on hallmarking fees, calculate the tax amount based on the applicable GST rate. step 3: Your accountant should prepare and file the GST 3B return with the correct values. Step 4: Prepare GST 3B Return.

Q: I want to remove the pending status for multiple vouchers at once. Is there a way to do this quickly in the software?

In monthly ITC tagging option you can claim all the pending bills in one go by followin these steps: Step 1: Go to Transaction menu and click on GST Misc. Utilities. Step 2: Select Monthly ITC Tagging as per GSTR2A / GSTR2B. Step 3: Enter the period and select ITC status as pending. Step 4: Press F4 and tick on All Pending Voucher and can claim.

Q: I need a detailed breakup of my GST liability on a daily basis. Is there a report that shows tax payable per day?

To get detailed breakup of GST liability on a daily basis, you can check the GST summary by follow these steps: Step 1: Go to Display section then click on GST summaries option. Step 2: Now choose GST summary then specify data range and open the report Step 3: Next, specify the particular date and check the GST payable for same date range.

Q: I want to understand why my software is showing a difference between C.G.S.T. and S.G.S.T. What are some potential reasons for this?

Here are some common causes and steps to address the problem: Step 1: Check for data entry mistakes invalid tax calculations. Step 2: Verify that invoices and transactions are correctly matched with the corresponding C.G.S.T. and S.G.S.T. calculations Step 3: Ensure that transactions are reported in the correct tax return period. Step 4: Reconcile with GSTR-1 and GSTR-3B. Step 5: Cross-Check Input and Output Tax

Solutions to common issues related to Taxation — Gst Reports.

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Step-by-step Answers

The client is saying there is an issue in the GST R report but I am not able to reproduce it on my end. What should I advise the client to do so I can troubleshoot the problem?

If you face issue in Gstr 1,you can check Sale Register Report and Verify all data has been entered correctly. 
 For check sale Register please follow these steps: 
 1. Go in Display then go in Gst Report 
 2. Then Go in Gst Register then go in sale Register 
 3. Check sale Register Bill wise, Item wise and Hsn wise and verify data

I'm trying to generate an HSN code wise report but it's not showing the right values. What do I need to do to get the proper HSN code and amounts?

to get the proper HSN code wise and amounts wise report follow these steps
1.go to the GST reports under display 
2. open GST other reports and select HSN wise summary report 
3. select inward or outward option
4. mentioned start and end date, also there is other details you can select as per required.
5 .open report there you got the proper HSN wise and amount wise report.

I want to add GST details in sales vouchers. However, the CGST and SGST tax ledgers are not automatically created. What is the correct way to setup GST in sales?

To stop ITC balance from carrying forward to the next month despite settling to zero in the previous month, you need to ensure that you are properly tagging your ITC to the relevant sections like GSTR-1, GSTR-2, etc. in BUSY.
 Additionally, you should reconcile your ITC records from the previous financial year and make any necessary adjustments before carrying forward the balances to the next year.

I am unable to separate the billing party and shipping party in BUSY. It is treating them as the same. How can I enter different billing and shipping parties?

unable to separate the billing party and shipping party in BUSY. It is treating them as the same to entered separate shipping details follow these steps:
 step 1: go to the particular transaction and open it 
 step 2: then select party master after that billing and shipping details screen will be appeared there you can entered separate shipping details 
 step 3: save the invoice

I am unable to see the local taxes section in my Composition invoice. How can I add provisions for local taxes like % in my sales invoices?

if you want see the local taxes section in Composition invoice and add provisions for local taxes like 1% in sales invoices then follow these steps
 1. you need to set GST type as under composition scheme in GST configurtion 
 2. also set default tax rate as 1% for applying tax in invoice there is no need to set local tax seperately in sales invoice

I am unable to customize the columns in the GST return data exported from BUSY. How can I add or remove columns like party name?

To customize columns in BUSY's GST return data, follow these steps: 
 Step 1:Click on Custom Column option. 
 Step 2:Add a new column by providing a name, position, and type. 
 Step 3:Specify the category from which it will pick the details for the new column. 
 Step 4:If you want to remove columns, uncheck the ones you don't need. 
 Save the changes.

My accountant has tagged certain charges like hallmarking fees separately. How can I ensure these are recorded properly in GST B and balance sheet?

Are recorded properly in GST 3B returns and on your balance sheet, follow these steps:
 Step 1: Keep detailed records and invoices for these charges
 Step 2: If GST is applicable on hallmarking fees, calculate the tax amount based on the applicable GST rate.
 step 3: Your accountant should prepare and file the GST 3B return with the correct values.
 Step 4: Prepare GST 3B Return.

I want to remove the pending status for multiple vouchers at once. Is there a way to do this quickly in the software?

In monthly ITC tagging option you can claim all the pending bills in one go by followin these steps:
 Step 1: Go to Transaction menu and click on GST Misc. Utilities.
 Step 2: Select Monthly ITC Tagging as per GSTR2A / GSTR2B.
 Step 3: Enter the period and select ITC status as pending.
 Step 4: Press F4 and tick on All Pending Voucher and can claim.

I need a detailed breakup of my GST liability on a daily basis. Is there a report that shows tax payable per day?

To get detailed breakup of GST liability on a daily basis, you can check the GST summary by follow these steps: 
 Step 1: Go to Display section then click on GST summaries option. 
 Step 2: Now choose GST summary then specify data range and open the report 
 Step 3: Next, specify the particular date and check the GST payable for same date range.

I want to understand why my software is showing a difference between C.G.S.T. and S.G.S.T. What are some potential reasons for this?

Here are some common causes and steps to address the problem:
 Step 1: Check for data entry mistakes invalid tax calculations.
 Step 2: Verify that invoices and transactions are correctly matched with the corresponding C.G.S.T. and S.G.S.T. calculations
 Step 3: Ensure that transactions are reported in the correct tax return period. 
 Step 4: Reconcile with GSTR-1 and GSTR-3B.
 Step 5: Cross-Check Input and Output Tax

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